Tennant Co. (NYSE:TNC) shares hit a new 52-week high during trading on Monday . The stock traded as high as $66.54 and last traded at $66.53, with a volume of 56,000 shares traded. The stock had previously closed at $64.96.

Several research analysts recently commented on the stock. Zacks Investment Research upgraded shares of Tennant from a “hold” rating to a “strong-buy” rating and set a $73.00 target price for the company in a report on Thursday, July 28th. TheStreet upgraded shares of Tennant from a “hold” rating to a “buy” rating in a report on Tuesday, July 26th. National Bank Financial cut shares of Tennant from an “outperform” rating to a “sector perform” rating in a report on Thursday, July 7th. Finally, Jefferies Group increased their target price on shares of Tennant from $54.00 to $56.00 and gave the stock a “hold” rating in a report on Friday, July 29th. Three analysts have rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. Tennant presently has an average rating of “Buy” and an average price target of $33.95.

The stock has a market capitalization of $1.17 billion and a PE ratio of 37.55. The company’s 50 day moving average price is $62.19 and its 200 day moving average price is $55.14.

Tennant (NYSE:TNC) last issued its quarterly earnings results on Tuesday, July 26th. The company reported $0.85 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.72 by $0.13. The company earned $216.80 million during the quarter, compared to analyst estimates of $210.61 million. During the same quarter last year, the firm earned $0.79 EPS. The business’s revenue was up .6% on a year-over-year basis. On average, equities analysts expect that Tennant Co. will post $2.50 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 15th. Investors of record on Wednesday, August 31st will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.20%. The ex-dividend date of this dividend is Monday, August 29th.

In related news, SVP Heidi M. Wilson sold 12,158 shares of the business’s stock in a transaction dated Tuesday, August 2nd. The stock was sold at an average price of $63.68, for a total value of $774,221.44. Following the transaction, the senior vice president now owns 24,541 shares in the company, valued at approximately $1,562,770.88. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Thomas Paulson sold 14,981 shares of the business’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $56.00, for a total value of $838,936.00. Following the completion of the transaction, the chief financial officer now owns 38,380 shares in the company, valued at approximately $2,149,280. The disclosure for this sale can be found here.

Tennant Company (Tennant) is engaged in designing, manufacturing and marketing cleaning solutions. The Company is organized into four operating segments: North America; Latin America; Europe, Middle East, Africa, and Asia Pacific. The Company offers products and solutions consisting of mechanized cleaning equipment, detergent-free and other sustainable cleaning technologies, aftermarket parts and consumables, equipment maintenance and repair service, specialty surface coatings, and business solutions, such as financing, rental and leasing programs, and machine-to-machine asset management solutions.

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